Mercosur

• Wednesday, April 26th 2006 - 21:00 UTC

  Ecuador imposes additional windfall profit tax on oil

  Ecuador expects to significantly increase oil revenue following the enforcement of a bill giving the government a 50% share in windfall profits from multinational oil companies.

• Wednesday, April 26th 2006 - 21:00 UTC

  Kirchner/Lula address Mercosur fragility

  The fragile situation of Mercosur, strengthening bilateral relations, energy and development were in the agenda of the meeting held late Tuesday in Sao Paulo between Argentine president Nestor Kirchner and his Brazilian host Lula da Silva.

• Wednesday, April 26th 2006 - 21:00 UTC

  BBC Mundo to provide news on Latinamerica Television

  BBC Mundo, the BBC's international radio and internet service in Spanish will, for the first time, provide news content on television thanks to a new arrangement with leading Latin American TV channel, Latinamerica Television (LTV).

• Wednesday, April 26th 2006 - 21:00 UTC

  Brazil's budget primary surplus back on track

  Brazil primary surplus was above target in March, 6.2 billion US dollars, thus retaking the first quarter savings drive, reported the country's Central Bank.

• Wednesday, April 26th 2006 - 21:00 UTC

  Chile expands oil production in Ecuador

  Chile's government owned oil company ENAP will expand its hydrocarbons activities in Ecuador in conjunction with the host country's company Petroecuador.

• Wednesday, April 26th 2006 - 21:00 UTC

  Uruguay to take pulp mills dispute to EU/Latam summit

  Uruguayan president Tabare Vazquez will participate of the European Union/Latinamerica leaders' summit scheduled for next month in Vienna with the purpose of “putting on the table” the ongoing pulp mills dispute with Argentina.

• Wednesday, April 26th 2006 - 21:00 UTC

  Brazilian Gol airline begins flying to Chile

  Brazilian airline Gol, one of the fastest growing in the industry will begin regular flights to Chile with 21 weekly schedules, reported the company in Sao Paulo.

• Wednesday, April 26th 2006 - 21:00 UTC

  EU calls for a trade “compromise and sacrifice”

  The European Union is refusing to give up hope for stalled global trade talks and vowed to cut farmers support if other trade partners made similar sacrifices.

• Wednesday, April 26th 2006 - 21:00 UTC

  Uruguay displacing Argentina in forestry industry

  Uruguay is rapidly displacing Argentina in the South American forestry and pulp industry and ranks only behind Brazil and Chile.

• Wednesday, April 26th 2006 - 21:00 UTC

  Uruguay after a “more balanced” Mercosur with Mexico

  Uruguay wants Mexico to join Mercosur so a “better internal balance” can be achieved, said President Tabare Vazquez in Mexico City.